A former TikTok executive claims that CEO Shou Zi Chew mainly serves as a "conduit" for ByteDance executives who truly make the decisions for the platform.
Tags: China
Elon Musk Wants to Deploy Tesla Robotaxis in China: Reports
During his recent visit to China, Elon Musk reportedly proposed conducting testing of Tesla robotaxis in the country.
US-China Rivalry Could Shrink Global Economy By 7%, IMF Finds
Differences between Western nations led by the U.S. and China-aligned economic blocs threaten global trade cooperation and economic growth, as a top IMF official warned. Escalating tensions between Washington and Beijing could potentially cost the world's GDP up to 7%.
Tesla Senior Executive To Be Relocated to China Following More Declining Sales
Tesla is sending senior executive Tom Zhu back to China following declining sales in the competitive electric car market. The company hopes to address challenges in the region.
Apple's 10% iPhone Discount Boosted China Shipments to 12% in March
A surge of approximately 12% in iPhone shipments was recorded in China for the month of March, thanks to up to 10% discounts initiated by Apple and its partners. This follows a 37% sales decline earlier in 2024 and heightened competition from Huawei.
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The British Ministry of Defense has recently encountered a cyberattack on its third-party payroll system, which serves active and retired military personnel.
Xi Jinping's visit to France amid EU tensions highlights economic cooperation, opposing a "New Cold War."
General Motors might need to leave China as losses mount to $106 million in just three months, the third time in 15 years.
A man in China ran a modus operandi using 4,600 phones to fake live-stream viewer counts, earning $415,000 in less than four months.
Chinese fintech firm Ant Group wants to expand globally by linking mobile payment apps with Alipay+.
Brooks Running's newly appointed chief executive has expressed optimism about the potential growth of the business in China and Europe.
Chinese President Xi Jinping began a three-country tour to Europe on Sunday, with the continent divided on how to deal with Beijing's expanding influence and the US-China rivalry.
President Joe Biden said "xenophobia" among countries like China, Japan, and India is impeding their economic growth, contrasting it with the US, which he claimed benefits from migration.
China is grappling with a rise in gold scams amid strong interest in the precious metal as an alternative investment.
